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Quadrise Fuels International Plc 153.5% Potential Upside Indicated by Peel Hunt

Quadrise Fuels International Plc using EPIC/TICKER code LON:QFI has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Peel Hunt. Quadrise Fuels International Plc are listed in the Oil & Gas sector within AIM. Peel Hunt have set their target price at 45 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 153.5% from today’s opening price of 17.75 GBX. Over the last 30 and 90 trading days the company share price has decreased 3 points and increased 6.75 points respectively.

 

Quadrise Fuels International Plc LON:QFI has a 50 day moving average of 18.04 GBX and the 200 Day Moving Average price is recorded at 13.96 GBX. The 1 year high for the share price is 29.3 GBX while the 52 week low is 8.87 GBX. There are currently 832,073,889 shares in issue with the average daily volume traded being 1,327,375. Market capitalisation for LON:QFI is £148,941,223 GBP.

 

Quadrise Fuels International Plc (QFI) is a United Kingdom-based oil-in-water emulsion fuels company. The Company is engaged in developing markets for its emulsion fuel (MSAR) as a substitute for heavy fuel oil (HFO) for use in power generation plants, and industrial and marine diesel engines.

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